One hundred billion fund entering the stock market
 
Writer: Tomyan
From: Jongo News
December 13, 2006 15:52 Beijing Time
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Dec.13-About 140 billion stock-fund brings an unprecedented enthusiasm to invest into the Chinese stock market.

According to the information expressed by China Securities Regulatory Commission Chairman Shang Fulin in an international forum on securities investment funds,by the end of December,stock held by the Fund has had 110% growth compared to the beginning of this year.By this calculation, all partial-fund shares values of stocks worth more than 360 billion yuan,positions at the ratio of 73% on average.

This clearly shows that the new fund reached unprecedented level to buy stocks recently,It has become the main driving force stimulating the rise of the stock market.

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